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Accountancy firm Grant Thornton has issued pay cuts and slashed the hours of an estimated 300 UK employees as the firm attempts to reduce running costs without drawing on government coronavirus support. Grant Thornton said that some teams in areas where the firm was less busy would be working &

The Scottish Government has called upon the UK Government to fill gaps in the funding schemes implemented to help businesses during the coronavirus pandemic.

The corporate team at Harper Macleod is on course to have completed more than 30 deals worth over £50 million during the lockdown period – in a positive sign that corporate Scotland is still open for business. Since the UK's lockdown began on 23 March, the firm's team has completed 12 de

The economic impact of the efforts to tackle the coronavirus pandemic could Scotland's Gross Domestic Product (GDP) fall by around a third, according to a report by the Scottish Government’s chief economist Gary Gillespie.

Jonathan Young, a member of Johnston Carmichael's financial planner support team, discusses why investors shouldn't run from negative returns during the coronavirus outbreak.  Whilst the impact of the coronavirus crisis (COVID-19) is still being measured around the world, and in some ways is im

Edinburgh-based tech start-up ePOS Hybrid is helping businesses in the hospitality sector weather the devastating impact of coronavirus by making the switch to takeaway services. By helping restaurants effortlessly move - in some cases within five minutes - to takeaway services, ePOS Hybrid is enabl

You might recall headlines a few years ago, amid political jostling, of £1 million free of inheritance tax? Well, as of 6 April this year, this became true – for a limited number of people in particular circumstances. So, asks Catriona Torrance, who falls into this 'magic million' c

Brent oil is trading at just $18.36 per barrel, down 25% today alone after US crude oil plummeted to hit a negative value for the first time in history.

One of West Lothian’s most prominent entrepreneurs, Michael Field, has stepped in to help support some of the region’s most vulnerable families hit by the COVID-19 lockdown. The Seven Days of Lockdown Cheer event is the brainchild of Michael Field, managing director of Workflo Solutions

The employment rate in the UK reached a record high in the three months to February before the outbreak of the coronavirus pandemic, according to the latest Office for National Statistics (ONS) Labour Market update.

An unknown online fraudster has tried to sell the world's largest statue for $4 billion.  The fraudster attempted to sell the 'Statue of Unity' which is located in the western state of Gujarat in India, claiming that the proceeds from the sale would be used to help the Gujarat state govern

David Shadwell, an experienced financial services sector and SME business adviser, has been appointed as partner within Chiene + Tait’s (C+T) accounts and business support team. A University of Edinburgh graduate, Mr Shadwell returns to the UK after a nine-year spell in New Zealand.

Big Four accountancy firm EY has been ordered to pay $10.8 million in damages to Amjad Rihan, an auditor turned whistleblower who claimed that the firm covered up evidence of money laundering.

A family-owned transport business Migdale Transport, which is based in Bonar Bridge, Sutherland, has purchased a new vessel, creating 14 new jobs for the region, following a £13.5 million loan and asset financing deal with HSBC UK. The firm, which specialises in the transport of live fish acro

More than £215 million has been awarded to over 18,000 Scottish business ratepayers in just two weeks to help firms combat the effects of the coronavirus outbreak, new figures have revealed.